The pursuit of higher returns requires investors to accept greater uncertainty, a wider range of outcomes, and a higher probability of some negative outcomes, says Oaktree Capital Chairman
Howard Marks.
He also said: There are intelligent ways to invest despite extreme uncertainty--including the wisdom to accept when you don't know. 'I Dont Know' is the best conclusion on Europe
Here are the videos:
[
www.morningstar.com]
About the author:
I am an individual investor with deep interest in the field of value investing. My ideas and thinking is inspired by highly respected value investors like Ben Graham, Warren Buffett, Walter Schloss, Bill Ruane and Tweedy Browne
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